- Elon Musk has said he wants to eliminate the Consumer Financial Protection Bureau.
- The CFPB was created after the 2008 crisis to protect consumers from financial abuses.
- It has recouped billions for consumers but has long faced political and legal
Ally Financial Mulls Divesting Credit Card Business, Shares Rise 1.8%
Ally Financial ALLY is considering selling its credit card business. This was reported by Bloomberg, citing persons familiar with the matter.
ALLY shares rose and closed Friday’s trading session up 1.8%.
Bloomberg noted that Ally Financial is working with a
Financial education for employees is good for business
Whether it’s learning about needs vs. wants in elementary school, or mastering more complex topics like investing, credit, and student loans in high school, early financial education is critical. Today, 26 states mandate financial education as a high school graduation …
Geron Corporation Reports Third Quarter 2024 Financial Results and Recent Business Highlights
Achieved $28.2 million in RYTELO™ (imetelstat) net product revenue in first full quarter of sales
Received $250 million in gross proceeds from synthetic royalty and debt financings with Royalty Pharma and Pharmakon Advisors, with access to an additional $125 million …
Manulife Financial Q3 Earnings Beat on Solid Asia Business
Manulife Financial Corporation MFC delivered third-quarter 2024 core earnings of 73 cents per share, which beat the Zacks Consensus Estimate by 4.3%. The bottom line improved 5.7% year over year.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Lili Launches Lili Connect to Revolutionize Small Business Financial Management
Lili, the financial platform designed for small business owners, today announced that it is launching Lili Connect, an embedded finance integration that streamlines small business banking, accounting, and tax processes, allowing partners to offer Lili’s comprehensive financial management tools directly